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Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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The UJ president told The Jordan Times that the bank account number for donations will be announced on Wednesday.
December 18th, 2013 - 12:07 GMT

Cold-hearted snowstorm causes $7 million worth of damages to the University of Jordan

The article received a severe backlash from readers and senior Pakistani officials in the UAE, who ridiculed the article and demanded an apology.
December 18th, 2013 - 11:56 GMT

Expo 2020 'fireworks': the scandal brought about by Pakistan's vote for Izmir over Dubai

The 2014 Infiniti QX70 features "amplified sense of acceleration" and improved fuel efficiency (Courtesy of Infiniti)
December 18th, 2013 - 11:44 GMT

Luxury beyond "Infiniti": Car dealer launches new 2014 models in Lebanon

In total, 32 per cent of government staff will benefit from the new move.
December 18th, 2013 - 11:23 GMT

Christmas comes early, to Dubai at least: public sector employees to get up to 100% pay raise

The aviation industry is booming on all front in the GCC. (Image credit: Shutterstock)
December 18th, 2013 - 06:36 GMT

Sanad grows relationship with airberlin to over $130 million

Demand for iron has increased due to "abundant" projects in the Kingdom (Shutterstock)
December 18th, 2013 - 06:29 GMT

This iron is hot! KSA's iron market back and thriving

The diverse holdings of Majid Al Futtaim will be unified under a common brand. (Image credit: Arabian Business)
December 18th, 2013 - 06:11 GMT

"M" - a new $5 billion rebranding campaign in the Middle East

UAE's Shaikh Mohammed said that the country will begin recognizing employees for their innovation and transparent practices in the workplace (Shutterstock)
December 17th, 2013 - 01:41 GMT

UAE launches initiative to honor innovative and "virtuous" employees

Nawras hopes the new 'Shahry Business Packs' will provide its customers with 'significant savings' (File Archive)
December 17th, 2013 - 12:46 GMT

Nawras launches new business telecom packs in Oman

Qantas blamed its predicament on record fuel costs and fierce competition from subsidised rivals.
December 17th, 2013 - 11:45 GMT

Not a 'bottomless pit of cash'! Emirates airlines refuses to bail out struggling partner Qantas

Sunday’s hearings were postponed to Dec. 26 after defence lawyers sought time to review evidence presented by the prosecution.
December 17th, 2013 - 10:14 GMT

Corruption crackdown: Nine Omani officials, executives taken in

UAE markets are quite strong despite nervousness in global markets. (Image credit: Shutterstock)
December 17th, 2013 - 06:00 GMT

UAE's DFM and ADX indices hit a five year high

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